Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 73.61%
June 30, 2024 73.72%
March 31, 2024 74.38%
December 31, 2023 75.15%
September 30, 2023 74.90%
June 30, 2023 75.21%
March 31, 2023 76.82%
December 31, 2022 77.59%
September 30, 2022 78.83%
June 30, 2022 82.77%
Date Value
March 31, 2022 84.21%
December 31, 2021 84.37%
September 30, 2021 84.53%
June 30, 2021 83.94%
March 31, 2021 84.41%
December 31, 2020 70.93%
September 30, 2020 33.85%
June 30, 2020 74.92%
March 31, 2020 82.27%

Gross Profit Margin Definition

Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.

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Gross Profit Margin (Quarterly) Range, Past 5 Years

33.85%
Minimum
Sep 2020
84.53%
Maximum
Sep 2021
76.13%
Average
76.82%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics